- Datametrex (DM) has announced the acquisition of EV Connect Solutions Inc. for $10M in shares
- The company issued 66,666,667 common shares for $0.15 per share
- Datametrex CEO Marshall Gunter sat down with Sabrina Cuthbert to discuss the news
- EV Connect Solutions is a private Ontario company that is focused on the emerging global electric vehicle charging infrastructure market
- Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy
- Shares of Datametrex AI Limited (DM) opened trading at C$0.145
Datametrex (DM) has announced the acquisition of EV Connect Solutions Inc.
EV Connect Solutions is a private Ontario company focused on the emerging global electric vehicle charging infrastructure market estimated to reach US$147.94 billion by 2030.
Datametrex has acquired all issued and outstanding shares of EV Connect for a purchase price of $10,000,000. The company issued 66,666,667 common shares at a price of $0.15 per share.
Marshall Gunter, CEO of Datametrex, sat down with Sabrina Cuthbert to discuss the news.
“This is a very exciting acquisition as we can utilize our team of developers and knowledge of product development to enter the emerging electric vehicle space – an exciting and growing industry that will be here for a long time and represents significant potential for Datametrex and its shareholders.”
Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy.
Shares of Datametrex AI Limited (DM) opened trading at C$0.145.
